The Government Enterprise and Empowerment Program was established to provide financial support and training to businesses and entrepreneurs at the bottom of the financial pyramid.
By providing low-cost micro-lending to over a million women, enterprising youths, agricultural workers, and other vulnerable economic producers, the Government Enterprise and Empowerment Program supports the development of otherwise low-productivity sectors of the population, bringing millions of people into the modern economy and lifting communities out of poverty.
A federal grant of N140 billion (US$388,888.88) was invested in the program with the goal of reaching over a million women, 200,000 artisans and MSMEs, 260,000 youth business ventures, and 200,000 farmers and agricultural workers.
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